Global Botanical Extracts Market Size was valued nearly USD 3.27 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 10.1% during the forecast period, i.e. 2017-2025. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
Botanical extracts refer to the natural extracts that are prepared from the sources of plants which includes herbs, leaves, flowers, fruits, spices among others. Such extracts consist of natural ingredients such as terpenoids, phenols, resins and others which are normally used in the preparation of beverages, food, medicines, nutraceuticals and other food products owing to its therapeutic property. For instance, green tea leaves are used for medicinal purpose and beverage owing to their high content of polyphenolic along with properties such as anti-carcinogenic, antioxidant, and anti-inflammation. In addition to this Vitamin E, Antioxidants is known to reduce aging that is caused by environmental factors.
Market Scope Analysis
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global botanical extracts market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global botanical extracts market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Botanical Extracts Therapeutic Properties Analysis
Rise in awareness toward proper health and demand for natural ingredients that are infused in food, beverages, cosmetics pharmaceutical and nutraceutical has resulted to the rise in demand for botanical extracts in recent years. Others factor which is expected to boost the market for botanical extracts are the increasing demand for convenience food products such as packaged chips, canned vegetables, and others, growing awareness among consumer towards clean label and organic products is anticipated to propel the growth of botanical extract market during the forecast period.
Additionally, the longer shelf life of the botanical extracts has resulted to the rise in the demand from the pharmaceutical industry. Some of the major pharmaceutical companies implementing botanical extracts are LODAAT Pharmaceuticals, Naturex, Linnea SA, and others.
The global botanical extracts market size is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America dominated the market followed by Europe owing to the rising demand of botanical extracts in the food and beverage industry in recent years. According to the Canadian Foods and Drugs Act, functional foods are segmented under Generally Recognized as Safe. In addition to these natural ingredients in tea is a key trend and thus generating demand for the global botanical extracts. Asia Pacific is expected to witness the fastest growth during the forecast period owing to the fact that it is one of the largest suppliers of botanical extracts. The raw materials for the botanical extracts in Asia Pacific region are obtained both from the cultivated and the harvested land.
Global Botanical Extracts Market Size, Share Analysis By Region 2017
Global Botanical Extracts Market Study Objective
1. To forecast the market size of botanical extracts market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of botanical extracts market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of botanical extracts market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of botanical extracts market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the botanical extracts market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Key Players Analysis
Manufacturers of botanical extracts adopt several strategies in order to grab a larger part of the market share than the competitor. They are introducing technologies that are related to the extraction methods in order to expand their product portfolio. In 2017, Botaneix is one of the key companies in the botanical extracts introduced a cost-effective patented technology that is used to extract L-Theanine from the green tea Some of the manufacturers of botanical extracts market are Frutarom, Blue Sky Botanics Ltd, Ransom Natural Ltd, Dohler, Nutra Green Biotechnology Co. Ltd, Prinova Group LLC, Kalsec Inc. among others.
Global Botanical Extracts Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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